A 13 Indian bank consortium have won a high court battle against Kingfisher Airlines founder Vijay Mallya, on Tuesday, when a UK high court judge ruled that an Indian Judgement which states that Mallya owes the banks more than Rs 9,000 crore, against him can legally be enforced against his assets in England and Wales.…
Category: Business
Uber has unveiled its first four-passenger electric “flying car” concept aircraft with rotors which can reposition to help it fly after a vertical take-off and can travel 2,00o feet above the traffic at 150-200mph (241-321kmph). The Flying taxi will be initially flown by pilots but the company has plans to make them autonomous in the near…
The Arkansas-based Walmart is pounce on Flipkart, India’s biggest online retailer, setting up a global fight with Amazon for the fastest growing Indian e-commerce sector in a deal worth $16bn to take a 77 per cent stake. Doug McMillon, Walmart’s CEO will fly to India this week to announce the largest e-commerce deal. The acquisition comes…
Associated Independent Recording (AIR) Studios, set up by Beatles producer George Martin located in Lyndhurst Hall, a Grade II- listed church building in Hampstead, North West London, designed by Alfred Waterhouse who also designed the Natural History Museum, has been put for sale following the resolution of a dispute with neighbours. AIR Studios, with exceptional…
How three Indian mathematicians gave the world Algebra One thousand five hundred years ago three Indian mathematicians developed Algebra to give meaning to the meaningless. Bhaskara, originated the radical signs, Brahmagupta created the symbols and Aryabhata, worked out the first equations. As original thinkers, they expanded man’s horizon in his unending search for knowledge.…
As part of a global alliance, Nestlé the world’s leading nutrition, health and wellness company has agreed a £5.28bn ($7.15bn) cash deal with Starbucks to sell its coffee beans directly to consumers through supermarket and other food shops around the world outside the US brand’s café chain. Nestlé already owns Nescafe and Nespresso brands…
A Biography of Karl Marx one of the greatest thinkers of 19th-century rendering him more relevant than ever. A World to Win follows Marx through childhood and student days, his enduring friendship and intellectual partnership with Friedrich Engels, and Marx’s influences and explains his political and intellectual interventions and builds on the legacy of his thought,…
India one of the most divided nations on the planet aspiring to become the next superpower. James Crabtree reveals the titans of politics and industry-shaping India in a period of rapid change – from controversial Prime Minister Narendra Modi to the leading lights of the country’s burgeoning billionaire class. India is the world’s largest democracy, with…
Zimbabwean-born ex- Goldman Sachs economist, and a free market polemicist, Dambisa Moyo’s Edge of Chaos, reveals the economic failings of the west, as the advanced industrial economies are suffering from weak growth because their leaders so far have failed to take tough long-term policy decisions. “Liberal democratic capitalism has become weak, corrupt and oblivious to…
What do you do when both your boss and your boss’s boss and you are stuck between them? It’s smart to have strong relationships with both your boss and your boss’s boss, but when there’s a conflict between ta he two of them, you’re often in a tough spot. What’s the best way to navigate…